2023 KWD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1886.0320. Conversely, the yearly low was recorded on November 4, dropping to 1836.8033.
This high-to-low spread represents a total annual volatility of 49.2287 SOS. From a start-to-finish perspective, comparing the January average rate of 1861.1893 to the December average rate of 1857.0227, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1886.0320 was down 2.66% compared to the 2022 peak of 1937.5994, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KWD to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1854.9868, compared to 1850.3099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6769 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 46.9251 SOS (High: 1886.0320 / Low: 1839.1070). On the other end, January was the most stable month, with a tight range of 10.6889 SOS (High: 1866.0384 / Low: 1855.3495).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.7792 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 1858.0750) against the same month in 2022 (average: 1922.0375), the exchange rate shifted by -63.9625 (-3.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1866.0384 | 1855.3495 | 1861.1893 |
| February | 1886.0320 | 1839.1070 | 1858.0750 |
| March | 1860.2788 | 1841.9798 | 1852.9083 |
| April | 1858.5110 | 1840.2914 | 1854.0692 |
| May | 1859.2215 | 1846.4036 | 1852.5944 |
| June | 1858.3415 | 1844.6152 | 1851.0848 |
| July | 1861.6294 | 1841.2640 | 1854.1278 |
| August | 1856.2668 | 1838.1403 | 1848.3487 |
| September | 1852.5899 | 1840.4610 | 1846.6545 |
| October | 1849.9435 | 1838.9692 | 1846.0257 |
| November | 1855.0951 | 1836.8033 | 1849.6800 |
| December | 1867.9684 | 1850.3119 | 1857.0227 |